<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 3,479,000 <SECURITIES> 0 <RECEIVABLES> 239,000 <ALLOWANCES> 70,000 <INVENTORY> 0 <CURRENT-ASSETS> 3,554,000 <PP&E> 12,278,000 <DEPRECIATION> (3,280,000) <TOTAL-ASSETS> 13,385,000 <CURRENT-LIABILITIES> 722,000 <BONDS> 1,271,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 5,429,000 <TOTAL-LIABILITY-AND-EQUITY> 13,385,000<F1> <SALES> 0 <TOTAL-REVENUES> 3,135,000 <CGS> 0 <TOTAL-COSTS> 4,205,000 <OTHER-EXPENSES> 392,000<F2> <LOSS-PROVISION> 70,000 <INTEREST-EXPENSE> 1,037,000 <INCOME-PRETAX> (1,462,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,462,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,462,000) <EPS-PRIMARY> (.39) <EPS-DILUTED> (.39) <FN> <F1>#25 includes $5,963,000 of Minority Interest in Joint Venture. <F2>#30 represents Minority Interest Portion of Current net loss. <F3>No value difference between EPS-Primary & EPS-Diluted. </FN>